Lates News

Spot gold prices dropped after the US stock market. Bloomberg data showed that it fell from above $3290 to $3276.84, refreshing the daily low with an overall decline of about 0.7%. Earlier, Nvidia released its earnings report. On Wednesday (May 28th), COMEX gold futures fell 0.26% to $3291.80 per ounce in New York at the close; the August contract fell 0.33% to $3317.20 per ounce. The Philadelphia Gold and Silver Index closed up 0.93% at 192.68 points. Spot silver also fell in the short term with an overall drop of over 0.9%, hitting a daily low of $32.9155 per ounce. COMEX silver futures fell 0.59% to $33.115 per ounce. COMEX copper futures fell 1.19% to $4.6835 per pound.